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Stop throwing away money on wasted toner!

 

The Problem

One of the largest threats to profitability for MPS providers is the early replacement of ink and toner cartridges. When these are replaced before they are truly empty, usable supplies are essentially discarded and their monetary value is never realized. This results in over $50 in extra shipping and toner costs per device per year - nearly a $1 Billion problem for our industry Globally. 

 

The Solution

SuppliesIQ is a patent pending solution utilizing Virtulytix Advanced Analytics technology for predictive modeling of key usage metrics to accurately predict when a cartridge will run empty. An accurate replacement date allows for more ink and toner to be used so the amount of waste is reduced by up to 80%. Service providers can optimize the life of their consumables and increase their margin on supplies.

 

Features

  • Improve automated supplies replenishment - streamline supplies delivery, reduce wasted toner, maximize profits.

  • Automatically adjust for business cycles - toner usage shifts during peak and slow seasons, SuppliesIQ takes seasonality into account and adjusts accordingly.

  • Proven Technology - Built using IBM PMQ tool set, optimized through propriety code

  • Actionable Insights - SuppliesIQ is designed to integrate flexibly into your existing infrastructure. Predictions can be sent via email, viewed via interactive dashboard, or integrate directly into your ERP system.

  • Risk Free - New clients can try the solution free of charge. To see what level of savings is achievable for your organization, and to begin your journey, click below

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In managed print environments, cost management, productivity, and profitability are key measurements of a successful program. Toner cartridges are regularly changed prematurely leading to increased cost and reduced profitability for service providers in managed print engagements. In fact, based on our analysis, 15% of toner is wasted of average. This occurs for a variety of reasons including early replacement based on low toner alerts and early cartridge shipment based on linear algorithms that do not take into account business seasonality, among others.  If a cartridge is depleted and a replacement is not readily available, the device is down which impacts productivity.  Utilizing advanced analytics, accurate automated forecasts of empty cartridges can be created which take into account how an individual device is used including types of printing (i.e. print intensity/coverage, mono vs. color), print volume, and seasonal variations leading to increased efficiency and profit margin for service providers.